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The India Cements Limited

Last Close

52w High

Avg. Vol.

Day Range

-

52w Low

1-Yr Rtn

Momentum Summary: INDIACEM continues to be in the fourth quintile of our long-term momentum universe, ranked 659 of 928 stocks. Also, it has improved its short-term momentum rank over the past week (717 now vs 864 previously) but is in the fourth quintile of our short-term momentum universe. It is something to keep an eye on over the next few weeks. Momentum seems to be stable, given how both its short-term and long-term ranking are more or less the same. Moreover, it is trading above its 50-day SMA -- expect that to act as a tail-wind. Besides, it is part of the CNX HIGH BETA index which is in the bottom 5 indices with the weakest long-term momentum. Our trend model is NEUTRAL on this stock. (31-Jul)